Plan Ledger DOL Form 5500 · updated monthly

Johnson-Davis Incorporated401(k)

JOHNSON-DAVIS INCORPORATED SAVINGS & RETIREMENT PLAN · LANTANA, FL · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Johnson-Davis Incorporated reported $10,947 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,032 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.54% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,557th-largest of 3,644 plans among Florida employers on file, and 2,764th of 5,337 in construction. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 114 to 140 since 2022.

Plan summary
Net assets, end of year$12,292,995
Participants with balances132
Active participants140
Employer contributions$424,543
Employee contributions$806,587
Employer contribution per active participant$3,032
Average account balance$93,129
Benefits paid to participants$889,831
Plan auditUnmodified (clean) audit opinion
AuditorJULIAN J. RODRIGUEZ, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 132 accts · $425K emplr
2023$10.8M · 128 accts · $417K emplr
2022$8.8M · 121 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,334
Investment management$3,613
Total administrative$10,947
The Johnson-Davis Incorporated 401(k) match · 2024
Employer contribution per active participant$3,032
Median for plans this size$2,416
2024$3,032 per active participant
2023$3,235 per active participant
2022$2,992 per active participant

Johnson-Davis Incorporated's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,334

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$10,947 · 0.09%
2023$12,014 · 0.12%
2022$53,216 · 0.54%
Same employer
Similar plansConstruction · Florida
Welbro Building Corporation FL$12.9M · 0.23%
Borrell Electric Co., Inc. FL$12.6M · 0.50%
Cast-Crete USA, LLC FL$12.3M · 0.60%
Ryan Incorporated Southern FL$12.2M · 0.11%
Thermal Concepts, LLC FL$12.2M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591753888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.